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Virnect Co (XKRX:438700) Revenue : ₩6,301 Mil (TTM As of Jun. 2024)


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What is Virnect Co Revenue?

Virnect Co's revenue for the three months ended in Jun. 2024 was ₩693 Mil. Its revenue for the trailing twelve months (TTM) ended in Jun. 2024 was ₩6,301 Mil. Virnect Co's Revenue per Share for the three months ended in Jun. 2024 was ₩62.24. Its Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2024 was ₩532.64.

Warning Sign:

Virnect Co Ltd revenue per share is in decline over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Virnect Co was -31.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.


Virnect Co Revenue Historical Data

The historical data trend for Virnect Co's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Virnect Co Revenue Chart

Virnect Co Annual Data
Trend Dec21 Dec22 Dec23
Revenue
3,568.90 5,056.49 6,501.96

Virnect Co Quarterly Data
Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Revenue Get a 7-Day Free Trial Premium Member Only 651.73 887.09 3,764.44 956.38 692.80

Competitive Comparison of Virnect Co's Revenue

For the Software - Application subindustry, Virnect Co's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Virnect Co's Revenue Distribution in the Software Industry

For the Software industry and Technology sector, Virnect Co's Revenue distribution charts can be found below:

* The bar in red indicates where Virnect Co's Revenue falls into.



Virnect Co Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩6,301 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Virnect Co  (XKRX:438700) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Virnect Co Revenue Related Terms

Thank you for viewing the detailed overview of Virnect Co's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Virnect Co Business Description

Traded in Other Exchanges
N/A
Address
10-15, Hangang-daero 7-gil, Vernect Experience Center, Yongsan-gu, Seoul, KOR
Virnect Co Ltd is a technology company that leads XR technology trends and specializes in developing XR solutions that can solve problems in the industrial field. It provides products and services for 3D real-time visualization, virtual and augmented reality, remote monitoring and operation, and telecommunication access. Its product offering comprises VIRNECT Remote, VIRNECT Make, VIRNECT View, VIRNECT Twin, VIRNECT Track, and XR Devices.

Virnect Co Headlines

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